Exceptional City of Chelan investment opportunity just steps from Lake Chelan, Don Morse Memorial Park, the marina, restaurants, shopping, recreation, and downtown amenities. Zoned Tourist Accommodation (TA), one of the valley's most flexible zoning designations, this unique property offers exceptional versatility with two separate permitted residences under one ownership. The main home features 3 bedrooms and 2.25 bathrooms, while the permitted 864 sq ft ADU includes its own separate electrical meter, 2 bedrooms, 1.5 bathrooms, and a substantial partially finished basement offering flexibility for storage, recreation space, owner use, or future enhancement opportunities. The detached ADU is complemented by an oversized 3-bay garage, creating valuable space for vehicles, boats, water toys, and guest convenience. City of Chelan jurisdiction is separate from Chelan County vacation rental regulations, adding to the property's appeal for those seeking flexibility and long-term potential. Whether you choose to occupy one residence while generating income from the other, accommodate multi-generational living, provide housing for guests, or explore uses permitted within the TA zoning designation, the possibilities are compelling. Properties combining TA zoning, two permitted residences, substantial garage space, and a premier walkable Chelan location are exceptionally rare. Don't miss this opportunity to own a truly distinctive income-producing asset in the heart of Chelan.
34 days
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321
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Zillow last checked:
Listing updated:
Listed by:
Russ McClellan,
KW NCW,
Nicole Turner,
KW Frontline
Source: NWMLS as distributed by MLS GRID,MLS#: 2541171
Parking features: Driveway, Detached Garage, Off Street, RV Parking
Has garage: Yes
Covered spaces: 3
Features
Levels: Two
Stories: 2
Patio & porch: Second Kitchen, Second Primary Bedroom, Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Jetted Tub, Sprinkler System, Walk-In Closet(s)
Spa features: Bath
Has view: Yes
View description: Lake, Mountain(s), Territorial
Has water view: Yes
Water view: Lake
Lot
Size: 6,534 Square Feet
Features: Dead End Street, Paved, Secluded, Sidewalk, Cable TV, Fenced-Fully, Green House, High Speed Internet, Irrigation, Outdoor Fireplace, Patio, RV Parking, Sprinkler System
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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